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[ad_1] Inflation in European countries using the euro currency drops again to 6.9% in March but still causes pain for consumers BRUSSELS — Inflation in European countries using the euro currency drops again to 6.9% in March but still causes pain for consumers. [ad_2]
[ad_1] BEIJING — Asian stocks followed Wall Street higher Friday ahead of a United States inflation update traders hope might prompt the Federal Reserve to ease plans for more interest rate hikes. Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices declined. Wall Street rose Thursday as worries about the global financial system eased following…
[ad_1] WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the government said Thursday in a slight downgrade from its previous estimate. But consumer spending, which drives most of the economy’s growth, was revised sharply down. The government had previously estimated that…
[ad_1] Average Wall Street bonuses dropped sharply last year to $176,700 amid lagging profits and recession fears NEW YORK — Average Wall Street bonuses dropped sharply last year to $176,700 amid lagging profits and recession fears, New York state’s comptroller reported Thursday. The bonuses for employees in New York City’s securities industry dropped 26% from…